News & Analysis as of

Urban Planning & Development Rental Property Housing Market

Ballard Spahr LLP

Multifamily August 2025 Alert

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We start our August Alert with some potentially very good news. The RENTAL Act, a bill to reform TOPA, passed its first vote by the DC Council on July 28, 2025. The RENTAL Act includes, among other things, a blanket exemption...more

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

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Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

Hogan Lovells

Spain: Transformation of the residential market in 2025

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The Spanish government has proposed the creation of a state-owned enterprise dedicated to the promotion, development, and management of housing. This entity will oversee the entire residential real estate cycle, including...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

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Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Harris Beach Murtha PLLC

Proposal to Remove Bond Cap Could Aid Affordable Housing Developers

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The U.S. Congress is currently considering the “Accelerated Supply of Affordable Production [ASAP] Housing Act” (the “Act”), legislation to address the nationwide affordable housing shortage and surrounding real estate...more

Pullman & Comley - For What It May Be Worth

New Bill Requires Municipalities to Assess Affordable Housing Properties Based on Net Rental Income

The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

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New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Bilzin Sumberg

Live Local Act Rent: 2024 Limits Increased by up to 10%

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The Florida Housing Finance Corporation (“FHFC”) recently published their 2024 Income Limits and Rent Limits. These figures show up to a 10% increase in rent limits applicable to qualified Live Local Act projects throughout...more

Lowndes

Orange County's AMI Jumps to $90,400 in 2024: What It Means for Affordable Housing

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The Department of Housing and Urban Development (HUD) recently announced the 2024 Area Median Income (AMI) and Rent Limits for counties statewide. These numbers are impactful on a number of levels, but are extremely important...more

Goulston & Storrs PC

Unlocking the Future of Build-To-Rent Housing at the Annual Build-to-Rent Forum (East)

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Goulston & Storrs participated in the 9th Annual Build-to-Rent Forum (East) that took place on March 20-21 in Nashville, Tennessee. This conference focused on the latest trends and business strategies in build-to-rent housing...more

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

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The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more

Lowndes

Florida Legislature Proposes Changes to Live Local Act

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The 2024 Florida Legislature is contemplating revisions to The Live Local Act (“Act”) which took effect on July 1, 2023. These changes are being considered in Senate Bill No. 328 and Florida House Bill No. 1239....more

Bilzin Sumberg

What Developers and Investors Need to Know About Florida’s Live Local Act

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Rising home prices and sustained population growth has resulted in an affordability crunch affecting many of Florida’s top housing markets. In fact, six of the nation’s hottest rental markets are in the Sunshine State....more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening to: May 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Housing Wonks on a Mission to Shorten S.F.’s Permitting Process (Fixing Our City Podcast): Assemblymember Matt Haney and YIMBY...more

Coblentz Patch Duffy & Bass

Mayor Breed Issues Executive Directive to Address City’s Housing Crisis

In an Executive Directive dated February 7, 2023, Mayor London Breed declared that “San Francisco needs to fundamentally change how we approve and build housing.” The Directive, titled “Housing For All,” comes on the heels of...more

Allen Matkins

Sustainable Development and Land Use Update - November 2022 #3

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Rent control expands as tenants struggle with the record-high cost of housing - NPR – November 28 - In November, voters in Florida, Maine, and California approved ballot measures to impose or tighten caps on rent hikes....more

Goulston & Storrs PC

D.C. Zoning Commission Responds to Two of Attorney General’s Inclusionary Zoning Proposals

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On December 2, 2021, the Office of the Attorney General for the District of Columbia (OAG), filed four petitions with the Zoning Commission (ZC) to amend the Zoning Regulations as an effort to increase the supply of...more

Pullman & Comley, LLC

New Land Use and Zoning Legislation Affects Every Connecticut Municipality

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All municipalities should be aware of the provisions of Public Act No. 21-29 and what changes it could bring to zoning in your town or city. Public Act 21-29 is part of the initiative to make housing in Connecticut more...more

Cozen O'Connor

Where do the Mayoral Candidates Stand on Affordable Housing?

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As New York City prepares to elect its new mayor, we are turning our attention to the top Democratic candidates and their positions on how to address affordable housing. While all of the candidates agree that affordable...more

Akerman LLP

Termination of NYC Housing Preservation and Development's Privately Financed Affordable Senior Housing

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At the end of 2020, The Department of Housing Preservation and Development (HPD) announced that they will be rescinding the Privately Financed Affordable Senior Housing (PFASH) Term Sheet originally issued on July 18, 2019,...more

Allen Matkins

Sustainable Development and Land Use Update - January 2021

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Despite limited success for housing bills in the 2020 legislative session, 2021 should present opportunities for developers - Bullet Allen Matkins – December 21 - During the 2020 legislative session, many housing...more

Hogan Lovells

A summer of planning reforms - the best of the rest

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Whilst the three previous articles in our series on planning reform have considered the main changes in the Planning White Paper, there are many more recent far-reaching proposals, both in the Planning White Paper and...more

Bilzin Sumberg

Notice to Owners and Developers of Affordable Housing (FHFC Emergency Rule 67ER20-1)

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If you are an owner or developer of affordable housing, we wanted to be sure you are aware of Florida Housing Finance Corporation’s (“FHFC”) Emergency Rule 67ER20-1, which creates incentives for owners of developments that do...more

Cozen O'Connor

Rent Control National Momentum

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In response to multiple news and industry reports that many urban areas in the United States are suffering a crisis in affordable housing, many states and cities are actively considering rent control as an ameliorative...more

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